The Black Business Association of BC (BBABC) is a 2021 Climate Smart Certified business – transforming into a sustainability leader by cutting costs and carbon.
The award-winning program provides businesses with data and training to profitably reduce their carbon footprint.
Surrey, BC, March 3, 2023 – BBABC today announces its successful completion of the Climate Smart Training and Certification program. This award-winning greenhouse gas (GHG) emissions reductions program from BMO Radicle Inc. enables businesses to transform into sustainability leaders while reducing business costs.
The Black Business Association of BC has achieved a full measurement of its 1st greenhouse gas inventory FY2022 (May 01, 2021 to Apr 30, 2022) by becoming Climate Smart Certified.
The Climate Smart program provides a unique combination of training, tools, and technical assistance to enable companies to measure and reduce their GHG emissions, make informed decisions to invest in efficiencies, and communicate their sustainability initiatives in a compelling and data-driven way. This unique approach equips companies with the tools to analyze, measure, and reduce emissions and develop the capacity to lead the emissions reduction charge internally.
Becoming a Climate Smart Certified business means joining other industry-leading companies making environmental stewardship and economic prosperity their new reality. Thanks to this accolade, BBABC is helping to move the Non-profit sector and the Black business community towards a brighter future, making a direct impact on the financial and environmental longevity in Surrey, BC.
Our reductions plan will include a waste assessment and audit, remote work, shipping promotions, and delivery alternatives.
B.C. is committed to reducing greenhouse gas emissions by 16% below 2007 levels by 2025, 40% by 2030, 60% by 2040 and 80% by 2050. “We are proud to take the first steps towards becoming carbon neutral and taking the lead to inspire other non-profit organizations and Black owned businesses to action similarly”, says Nerissa Allen, President and CEO, of the BBABC.
The Climate Smart Training and Certification program has helped over 1200 businesses reach their GHG emissions reduction goals while balancing financial prosperity. Ultimately, businesses that invest in reducing their carbon footprint save money—often a lot of it. The Climate Smart program has enabled companies reach an average of 24% emissions reductions against baseline, and $4.7 million (CAD) in total cost savings.
“By completing the Climate Smart training program, companies are pioneering a new path towards Net Zero, making environmental stewardship and financial prosperity two sides of the same coin,” says Saj Shapiro, Head, BMO Radicle. “Climate Smart Certified businesses are among global industry leaders who have taken steps toward creating sustainable initiatives for their company’s long-term success, and showing they have a plan in place to make a positive impact for the environment for generations to come.”
In completing this program, the BBABC joins other industry leaders in meeting emissions reduction objectives that benefit the environment – and their bottom line.
About BMO Radicle
BMO Radicle helps guide today’s progressive companies toward tomorrow’s sustainable future. From our early beginnings in Calgary, Canada, when we developed one of the world’s first software platforms to measure, qualify, and aggregate greenhouse gas emissions, we’ve now taken root internationally to leverage data, insights, and technology to safeguard our shared tomorrow. In 2022, Radicle became a part of BMO Capital Markets.
BMO Radicle works with businesses and organizations across all industries and sizes to enable planet-positive solutions by increasing efficiency while lowering costs and emissions. We believe that financial and environmental sustainability are two sides of the same coin: balance between the two is possible. Visit radiclebalance.com to learn more.
About the Black Business Association of BC
Co-Founded by Nerissa Allen and Clavia Alleyne, the BBABC provides tangible operational support to Black entrepreneurs and small businesses. Programs designed to engage and inspire new interest in entrepreneurship. As we emerge from the pandemic it is imperative, we continue to look for ways to support the business community through skills development, increased market access, and sustainability practices.
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